Segall Bryant & Hamill LLC Has $12.05 Million Position in Intuit Inc. $INTU

Segall Bryant & Hamill LLC cut its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 47.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 17,639 shares of the software maker’s stock after selling 16,025 shares during the period. Segall Bryant & Hamill LLC’s holdings in Intuit were worth $12,046,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of INTU. Tortoise Investment Management LLC boosted its position in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares during the last quarter. Westside Investment Management Inc. raised its stake in shares of Intuit by 161.5% during the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after purchasing an additional 21 shares in the last quarter. Sagard Holdings Management Inc. acquired a new stake in shares of Intuit in the 2nd quarter valued at approximately $28,000. True Wealth Design LLC boosted its holdings in shares of Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after buying an additional 27 shares during the last quarter. Finally, MTM Investment Management LLC grew its stake in shares of Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a multi‑year partnership with Anthropic to build secure, industry‑specific AI agents for mid‑market businesses — a strategic move that leverages Intuit’s financial data and could support product stickiness and revenue expansion. Intuit Anthropic AI Pact Tests Growth Story For Mid Market Investors
• Positive Sentiment: Coverage highlighting Intuit’s long AI investment and data moat argues the company is positioning to survive competitive “SaaSpocalypse” pressures by partnering with the likes of OpenAI and Anthropic — a narrative that supports confidence in long‑term growth. Living with the LLMs – how Intuit ignores the ‘SaaSpocalypse’
• Positive Sentiment: Analyst and media pieces (including a Motley Fool buy idea) are promoting INTU as a beaten‑up growth name that may be attractive after the recent pullback — this can draw bargain hunters and momentum buyers. Got $1,000? 2 Stocks to Buy in March While They’re On Sale
• Neutral Sentiment: A recent Morgan Stanley TMT conference presentation transcript provides management commentary and detail that investors can use to reassess guidance and execution but it hasn’t produced a clear market catalyst by itself. INTU Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/flow signals have been noted in market commentary (a “power inflow” trading signal recently), which likely contributed to short‑term buying interest. Intuit Shares Rise 2% After Key Trading Signal
• Negative Sentiment: Multiple brokerages cut price targets (TD Cowen, Mizuho, RBC, Oppenheimer, BMO, UBS, JPMorgan, Deutsche, Citigroup, etc.), signaling reduced analyst conviction on near‑term valuation and contributing to selling pressure. TD Cowen Adjusts Price Target on Intuit
• Negative Sentiment: Short interest rose sharply (reported ~40% increase), which increases downside pressure and volatility risk if fundamentals disappoint or guidance is trimmed. Short Interest in Intuit Inc. Rises By 40.0%
• Negative Sentiment: Analysis of the recent drawdown notes a large P/E contraction (~50x to ~27x) and a 35–40% slide from late 2025 highs — reminders that valuation reset and macro/interest‑rate concerns remain key downside risks. Intuit’s 40% Slide: What Went Wrong?

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wall Street Zen lowered shares of Intuit from a “buy” rating to a “hold” rating in a research report on Saturday. BMO Capital Markets dropped their target price on shares of Intuit from $624.00 to $550.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Citigroup cut their target price on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Finally, Wolfe Research reduced their target price on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Twenty-three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $656.62.

Intuit Price Performance

Intuit stock opened at $433.35 on Wednesday. The company has a market capitalization of $119.84 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 1.71 and a beta of 1.26. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12 month low of $349.00 and a 12 month high of $813.70. The stock’s 50 day moving average is $516.16 and its 200-day moving average is $612.68.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the company posted $3.32 EPS. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. Intuit’s dividend payout ratio is 31.09%.

Insider Buying and Selling at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the completion of the sale, the director owned 5,669,584 shares of the company’s stock, valued at approximately $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 344,596 shares of company stock valued at $227,352,014 in the last three months. 2.49% of the stock is owned by insiders.

About Intuit

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.